Homes for sale - 248 W Silver AVE, Crestone, CO 81131

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$439,000

Est. payment - /mo

4 Beds

3 Baths

2,412 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $182

Subdivision Crestone

MLS Listing ID 2007933

Bedrooms 4

Full Baths 2

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 2,412

Year Built 1985

Annual Tax Amount $1,904

Tax Year 2024

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Single Family Residence

Source recolorado

Property Description

Location, location, location—this once-in-a-lifetime opportunity offers two income-producing properties in the very heart of downtown Crestone! Fronting W Silver Ave beside a park and year-round creek, this rare package blends a prime setting with versatile living and investment potential. The spacious main home reflects artistic Southwest design with an updated stone-accented kitchen, a decorative kiva-style fireplace paired with a large wood-burning stove, and soaring 16' ceilings in the great room. Expansive windows invite natural light and frame glimpses of the Sangre de Cristo Mountains, while sliding doors open to a private garden with raised beds, bamboo fencing, and space for outdoor dining or relaxation.
Upstairs, a separate income-generating apartment offers its own private entrance, high ceilings, wood-burning stove, full kitchen, and a sunny deck for morning coffee or evening stargazing. With three bedrooms and generous living space, this “treehouse retreat” has thrived as a successful Airbnb averaging ~$3,000/mo and most recently as a long-term rental producing ~$1,800/mo.
Also included is a charming one bedroom detached cottage, currently providing additional income, while a barn to the rear of the property offers appealing renovation potential.
Set in the peaceful Deer Park area, the property is a natural sanctuary frequented by deer and shaded by mature trees, yet only steps from cafés, restaurants,Elephant Cloud market, art galleries, and community events. Whether you're seeking a spacious private residence, dependable rental income, or a visionary downtown live/work setup, this rare opportunity captures the best of Crestone living.
Prior concept sketches explored mixed-use ideas; buyers should verify any commercial or redevelopment potential with the Town of Crestone and Saguache County. Property is being sold in as-is condition. Seller encourages inspections, but will not be offering inspection resolution concessions or repairs.

Location

State CO

County Saguache

Zoning Residential

Rooms

Main Level Bedrooms 1

Interior

Heating Electric, Propane, Wood Stove

Cooling None

Fireplace N

Exterior

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Sewer Septic Tank

Water Well

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Crestone Charter

Middle Schools Moffat

High Schools Moffat

School District Moffat 2

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Pets Allowed Yes

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Listed by eXp Realty - ROCC

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

248 W Silver AVE Crestone, CO 81131

Source Home Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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